Tip for people buying on Coinbase: you can avoid their fee entirely by using GDAX. Deposit the money into your USD wallet first (no cost), then transfer the money to GDAX (no cost), and place a limit order (no cost). You may need to babysit your limit order for a couple minutes but this trick saves you $15 for every $1000 you buy.
I think there is little reason not to do this unless 1) you value your time very highly or 2) you can't be bothered. I honestly think most of Coinbase's revenue comes from people in the latter group.
I think there is little reason not to do this unless 1) you value your time very highly or 2) you can't be bothered. I honestly think most of Coinbase's revenue comes from people in the latter group.